Housing Wire

MAY 28, 2021

“I honestly haven’t seen this kind of market for homes in San Jose since 2009.” year over year in March 2021, per a report from Norada Real Estate Investments. When potential buyers look at listings in Sacramento, they realize their big-city rent costs more than a mortgage here,” White said.

Buyers 275

Buyers Real Estate Agents Inventory 275

Housing Wire

MAY 15, 2024

A lot has been said about the ‘silver tsunami,’ with predictions that baby boomers will move in droves , suddenly unlocking tons of inventory for younger homebuyers. Builders planning new communities or marketing to buyers should keep this criteria in mind.

Design 341

Design Buyers Construction Marketing 341

Housing Wire

JUNE 10, 2022

His recent article, “Purchase apps are at 2009 level: where’s the inventory?” takes a deep dive into what the heck is going on with purchase applications, housing demand and inventory levels. This article, for example, asks why, if purchase applications are down to 2009 levels, are inventory levels still so freaking low?

Sellers 380

Sellers Housing Market Inventory Buyers 380

Housing Wire

APRIL 21, 2022

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. Bulk Buyer Bonanza.

Investors 386

Investors Renovations Marketing Retail 386

Housing Wire

AUGUST 1, 2023

Even as mortgage rates rose, and affordability was pushed out of reach for many potential homebuyers, there are still sufficient buyers who can afford these prices and these rates. The number of buyers has been surprising. Inventory As a result, the seasonal inventory build is slow and on a normal cycle.

Inventory 341

Inventory Contracts Buyers Mortgage 341

Housing Wire

JUNE 8, 2022

2012: What they said: Shadow inventory will cause prices to fall. The reality: Inventory broke down in 2012, and the monthly supply data got below 6.0 The “shadow inventory” was not an issue as it took years to get rid of the distressed supply from the housing bubble years. million of inventory is normal.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Miller Samuel

FEBRUARY 12, 2019

Over the years, I have bantered with the Espinal Adler Team (Marie Espinal and Jeff Adler) at Douglas Elliman Real Estate about the market which has been invaluable for on the ground intel. The 10-year Challenge (2009 vs. 2019). In 2009, the average discount from listing was 10.2%. Studio inventory is up 21% percent.

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Housing Wire

JANUARY 19, 2022

Housing demand has outstripped supply since 2009,” First American deputy chief economist Odeta Kushi said in a statement. Experts are attributing the stability of housing starts this year to a slowly improving labor market, low mortgage rates, high demand for housing and an extremely low level of existing housing inventory.

Construction 394

Construction Housing Market Inventory Development 394

Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. Inventory velocity. April 10, 2020: We needed a lot of inventory, fast. The velocity of inventory rising in the next three months is limited. April 2022: Inventory has not recovered. Can this last?

Housing Market 391

Housing Market Marketing Inventory Lending 391

Lamacchia Realty

JANUARY 31, 2024

2023 SOUTHINGTON Real Estate Market Recap Southington home sales decreased by 15.5% One of the biggest factors affecting inventory levels in 2023 was listings as they were the lowest since 2009 in Connecticut. as there were 512 sales in 2023 compared to 606 in 2022. Average price increased by 6.9%

Inventory 55

Inventory Real Estate Housing Market Realty 55

DW Slater Company

JANUARY 30, 2023

Sellers have been in charge as buyer demand was fueled by historically low mortgage interest rates. Inventory is down from the previous month but up from the same time last year. We will continue to follow all that is happening in real estate. As we look at the housing market for 2022, a clear shift has occurred.

Housing Market 122

Housing Market Marketing Real Estate Appraisal 122

Housing Wire

FEBRUARY 22, 2022

Owing to a historic inventory crunch, new construction is playing a more prominent role in the housing inventory landscape in decades. We have been in a perpetually bare market for inventory for so long now that builders are having to fill the demand and I am not sure when it is going to end, which is crazy,” said Noel.

Supply Chain 534

Supply Chain Construction Inventory Housing Market 534

Housing Wire

DECEMBER 16, 2021

Lenders should expect a much faster pace of hikes over the next few years than what was experienced following the 2009 recession. The inventory of existing homes remains quite tight at less than 2.5 The inventory of existing homes remains quite tight at less than 2.5 This additional inventory is sorely needed.

Marketing 447

Marketing Mortgage Supply Chain Inventory 447

McKissock

AUGUST 9, 2021

Mike McElroy has been in the real estate business for seven years. After working for a time at a Chicago radio station, he got his first real estate job in 2009. How does Mike find success with his Millennial real estate clients ? Who’s got a good real estate agent I can talk to?”

Clients 96

Clients Real Estate Real Estate Agent Client Relationships 96

Listing Spark

DECEMBER 15, 2022

How to qualify buyers so that you have a low default rate on owner financing deals. Why some buyers can’t qualify for more traditional financing. What to expect in the real estate market at the end of 2022. 00:05:38] How to qualify buyers so that you have a low default rate on owner financing deals.

Finance 36

Finance Investing Real Estate Lending 36

Empire Appraisal Group

JULY 6, 2022

Wary buyers and rising interest rates may affect some U.S. When we first started this about a year ago, southeast Florida was in about 75th place, now we’re up near 50,” said FAU real estate economist Ken H. Unlikely to Feel Impact from Slowing Market. markets, but Fla.’s WEST PALM BEACH, Fla. – Housing crash unlikely.

Marketing 78

Marketing Landlords Real Estate Tenants 78

Lamacchia Realty

DECEMBER 28, 2022

It will be much like 2021, with record-breaking amounts of home sales, more record-breaking home price appreciation, and more buyers fighting over homes. Though real estate markets can vary from one local market to another, the majority of the overarching market trends are happening everywhere on a grander scale right now.

Sellers 78

Sellers Buyers Real Estate Inventory 78

Annarbor Appraisal

APRIL 9, 2020

This information clearly shows a declining trend from the 2005 data down to a low point between 2009 and 2011. On 3/23/20, Governor Gretchen Whitmer announced a “stay at home” order affecting all non-essential businesses, which included real estate showings. On this date, our world changed even further.

Buyers 78

Buyers Property Taxes Sellers Realtors 78

Will Springer Realtor

JULY 11, 2023

Home prices continued to confound buyers by climbing toward record highs as summer began. The slippage in listings under contract – which is currently at the third-slowest annual pace this century (after 2008 and 2009) – is a barometer for future sales. from May to 3242 units – the highest monthly figure since last September.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Appraisal Today

FEBRUARY 9, 2024

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. Damned if you do, damned if you don’t has become the new normal in the real estate appraisal profession.

Appraisal 80

Appraisal Contracts Insurance Construction 80

Will Springer Realtor

JUNE 9, 2021

Memories of the Great Recession still linger for anyone linked to the real estate industry – including the estimated seven million households that lost their homes to foreclosures around 2008-2010. Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. The number of potential buyers will decrease as rates go up in many markets. We have never seen a pandemic real estate market before.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

JUNE 10, 2022

NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. How to get referrals from real estate agents. Estate/trust appraising Special Report – Good, steady business. Should you do lender work?

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

MAY 26, 2023

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Jemmott, Bureau Chief, California Bureau of Real Estate Appraisers, Member of the Association of Appraiser Regulatory Officials. . == Glorious Gilded Age Mansion for $29.9M The 30-year fixed rate increased to 6.69

Easement 52

Easement Contracts Appraisal Inspection 52

Will Springer Realtor

MAY 9, 2023

Compounding the demand is a consumer public determined to stay put for several more years rather than dive into a real estate market clouded by higher interest rates. The National Association of Hispanic Real Estate Professionals issued its annual report in March. >> Seattle is ranked No. And residential real estate?

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Appraisal Today

JUNE 24, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Changing real estate market, rate increases, desktop appraisals, USPAP and state boards, unusual homes, mortgage origination stats, etc. I would not be interested in buying any other real estate now. To read more, click here.

Appraisal 52

Appraisal Contracts Mortgage Real Estate 52